5524 Sunset AvePanama City BeachFL32408
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Panama City Beach at 5524 Sunset Ave, Panama City Beach, FL, 32408 priced at $369,000 pairs $2,510/mo rent with $61/mo cash flow after a $1,806/mo payment. Total monthly income equals $2,510/mo, and annual cash flow comes to $736/yr on $122,324 invested. Return on cash invested is 20.51% in year one, and rental yield stands at 8.16% on a $369,000 basis. Equity gained on principal adds $2,381/yr, and 5% annual appreciation accumulates to $101,948 by year five. Five-year ROI measures 106.68% and total cumulative return in cash reaches $130,491. For financing, Ziffy Mortgage’s DSCR program evaluates $2,510/mo property income against a $1,806/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32408, Panama City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,067 (100%) |
| Owner Occupied HU | 5,754 (33.7%) |
| Renter Occupied HU | 2,749 (16.1%) |
| Vacant Housing Units | 8,564 (50.2%) |
| Median Home Value | $452,557 |
| Average Home Value | $531,414 |
Housing Distribution
Address Breakdown
Residential
12,556
Single Family
6,877
Multi-Family
5,679
Businesses
523
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Victoria Haley • Counts Real Estate Group Inc
Mls Name: CPAR
Mls ID: #781212